Zee Entertainment limited on Tuesday announced that it has entered into a settlement agreement with Culver Max Entertainment Private Limited (CMEPL) (formerly Sony India) and Bangla Entertainment Private Limited (BEPL) to settle all disputes including to withdraw all applications, claims before Singapore International Arbitration Centre.
Zee Sony Deal
Zee-Sony Deal: The Non-Compete Fee Twist
Zee-Sony Deal: An interesting element of the proposed merger between Zee Entertainment Enterprises Ltd. and Sony Pictures Networks India Pvt. is a non-compete fee being paid to Zee founder and promoter, Subhash Chandra.